Walker & Dunlop Originates $694M for Student Housing Properties in 2014

Walker & Dunlop, Inc. announced today that during 2014 the Company provided $694,947,500 in financing for off-campus student housing properties throughout the United States. This is an increase of 160% from 2013. Walker & Dunlop has specialized in providing financing for student housing properties since 1988 and remains committed to financing this strong asset class.…

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LGE Design Build Completes Construction on World Headquarters for Chandler Photographic Product Company

LGE Design Build has completed construction on a new 64,000-square-foot office and warehouse building in Chandler for Savage Universal, which has provided products for the photography industry since 1937. Needing a more efficient space for its headquarters, the family-run company hired LGE to construct a new building at the gateway of the Chandler Airport Business…

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IPA Opens Ahwatukee’s Newest Luxury Apartment Community

Investment Property Associates (IPA) celebrated the grand opening of its first Class-A, multifamily development in Ahwatukee with a ribbon cutting ceremony at Liv Ahwatukee. The luxury apartment community, developed and managed by IPA is situated on 26 acres near the southwest corner of Chandler Boulevard and 50th Street. Liv Ahwatukee consists of 402 garden-style luxury…

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Lincoln Property Co. and Goldman Sachs Buy Promenade Corporate Center

Office investment and management expert Lincoln Property Company (LPC) and partner Goldman Sachs have purchased Promenade Corporate Center in Scottsdale, Arizona, with plans to re-establish the property through a strategic renovation plan with up to $1 million in improvements. The 256,175-square-foot Promenade Corporate Center totals two, four-story buildings at 16427 and 16435 N. Scottsdale Rd.…

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The P.B. Bell Companies Acquires The Boulevard

The P.B. Bell Companies, a leader in multifamily real estate development and management, has acquired The Boulevard, a 294-unit apartment community in north Phoenix. P.B. Bell purchased the luxury apartment community, located near Bell Road and 7th Street, from Franktown, Colorado-based Slavin Residential for $33.5 million. CBRE Phoenix agents Sean Cunningham and Tyler Anderson brokered…

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Fountain Hills Professional Plaza Sells for $1.5 Million

DTZ, a global leader in commercial real estate services, announced today the $1.5 million sale of Fountain Hills Professional Plaza, 13620 N Saguaro Boulevard in Fountain Hills, AZ. Capital Commercial Investments of Austin, Texas purchased the 20,194 square foot medical and professional office building. The seller was Plaza Companies of Peoria, AZ. Executive Managing Director…

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Stiles Affiliate Hernandez Construction Breaks Ground on 235,000-SF of Space at Flagler Station III

Hernandez Construction, an affiliate of full-service commercial real estate firm, Stiles, has broken ground on the first two buildings slated for Flagler Global Logistics’ highly anticipated Flagler Station Phase III development. Buildings 1 and 2, totaling 235,000 square feet of industrial space, mark the official start of vertical construction on the 1.7 million square-foot Phase…

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